Prior to this, the IT sector was divided into software, services and hardware technology
The first draft of a new simplified income tax law, as proposed in the Budget, will be prepared by an internal committee of the tax department and will undertake stakeholder consultation before finalising the legislation, Revenue Secretary Sanjay Malhotra said on Thursday. Malhotra said that the exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the income tax law. Finance Minister Nirmala Sitharaman in her Budget speech earlier this week announced that a comprehensive review of the Income-tax Act, 1961 will be completed in six months. "The purpose is to make the Act concise, lucid, easy to read and understand. This will reduce disputes and litigation, thereby providing tax certainty to the taxpayers. It will also bring down the demand embroiled in litigation," Sitharaman said. To a question whether the review would mean that the government will come with a direct tax code, Malhotra said "It is not a new direct tax code... It is a comprehensiv
They have to 'figure out' how they want to implement age-gating requirement, says source
Rules referred to 2012 have been replaced with 2021 and there is no change in policy, says senior government official
The court also said the validity of the rules involves serious Constitutional questions and impacts the fundamental right to speech and expression
The notification came a week after the Bombay High Court refused to grant an interim stay on setting up an FCU under the IT Rules to identify fake and false content on social media
Justice Patel ruled in favour of the petitioners, striking down the rule and Justice Gokhale dismissed the petitions, and upheld the rule
As per a console page of Google Play, it currently allows only valid licensed or authorised gambling apps in categories like online casino games, sports betting, horse racing
The government aims to achieve the goal of a digital economy to cross $1 trillion by 2025-26
The groups said that the new IT Rules would censor journalism and severely jeopardise freedom of expression
Ethical hacking of computer systems or networks done with the permission of its owner does not attract any liability under the IT Act, Parliament was informed on Friday. The Minister of State for Electronics and Information Technology in response to a question on the guidelines for ethical hacking shared that liability for compensation and punishment under provisions of the IT Act arises if anyone gains access to a computer system without the permission of its owner. "Any act, including an act of ethical hacking, undertaken with the permission/ consent of its owner does not attract liability under the said or other provisions of the Act," Chandrasekhar said. He said that Section 43 of the Information Technology Act, 2000, provides that if any person, without the permission of the owner or other person in charge of a computer, computer system or computer network, among other things, accesses or damages or disrupts such computer etc., he shall be liable to pay damages by way of ...
MeitY to come up with all rules of the bill before tabling the bill in the parliament: MoS IT
Ongoing investments in 99acres amid rising competition may hinder profitability
A very high proportion of Indian knowledge workers (81 per cent) also said they want more meaning from their job, or to feel like they're having an impact
Wipro Limited announced the appointment of Amit Choudhary as Chief Operating Officer (COO) and member of the Wipro Executive Board
IT Minister Ashwini Vaishnaw on Friday said the latest amendment of intermediary guidelines is focused on protection of online users. The comment came as the government notified new rules under which it will set up appellate panels to settle grievances that users may have against decisions of social media platforms like Twitter and Facebook on hosting contentious content. The three-member Grievance Appellate Committee(s) will be set in three months, according to the gazette notification issued on Friday. Soon after the tweaks in IT rules were notified, Vaishnaw said, The focus of the amendment of intermediary guidelines is on the protection of online users. The law of the land is supreme. Intermediary to ensure accessibility of its services to all users and respect their rights under the Constitution of India," he noted. According to the latest amendments, the appellate committees will be able to review content moderation and other decisions of social media companies such as Meta
The committees will be established with the aim of providing users of social media sites like Facebook and Twitter with an alternative dispute resolution method
Council for microblogging site emphasises that Section 69A (power to intercept electronic communication) of IT Act does not spell out mass blocking of accounts
The IT rules, 2021, require significant social media intermediaries (SSMIs) appoint a resident grievance officer to decide on content-related complaints
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